What penny stocks will go up this week

Screening Filters

1. Market Cap: {'max': '300000000'}

   • Purpose: To focus on small-cap or micro-cap stocks, which are typically classified as "penny stocks."
   • Rationale: Penny stocks are generally companies with smaller market capitalizations. By setting a maximum market cap of $300 million, the screener ensures that only smaller companies are included, aligning with the user's interest in penny stocks.

2. Price: {'max': '5'}

   • Purpose: To identify stocks that are trading at a low price, specifically under $5 per share.
   • Rationale: Penny stocks are often defined as stocks trading below $5. This filter ensures that the results meet the user's definition of penny stocks.

3. Relative Volume: {'min': '1.5'}

   • Purpose: To find stocks with higher-than-usual trading activity.
   • Rationale: A relative volume of 1.5 or higher indicates that the stock is trading at least 1.5 times its average volume. This can be a sign of increased investor interest or potential catalysts, which may lead to price movements.

4. Week Price Change %: {'min': '0'}

   • Purpose: To focus on stocks that have shown positive price movement over the past week.
   • Rationale: By setting a minimum weekly price change of 0%, the screener filters out stocks that are declining in value. This aligns with the user's interest in stocks that "will go up," as recent positive momentum can be an indicator of continued upward movement.

5. Weekly Average Turnover: {'min': '1000000'}

   • Purpose: To ensure that the selected stocks have sufficient liquidity.
   • Rationale: A minimum weekly average turnover of $1,000,000 ensures that the stocks are actively traded. This reduces the risk of illiquidity, which is a common concern with penny stocks, and makes it easier for investors to enter and exit positions.

Why Results Match:

• The filters collectively focus on penny stocks (low price and small market cap) with higher trading activity (relative volume and turnover) and recent positive momentum (weekly price change).
• These criteria increase the likelihood of identifying penny stocks that are actively traded and have the potential for upward price movement in the short term, aligning with the user's interest in stocks that "will go up this week."
• While no guarantees can be made about stock performance, these filters are designed to identify stocks with characteristics that may indicate higher probability of short-term gains.